YEARLY HIGH
2.4091 NOK
YEARLY LOW
2.0987 NOK
YEARLY AVERAGE
2.2354 NOK

2018 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.4091. Conversely, the yearly low was recorded on February 1, dropping to 2.0987.

This high-to-low spread represents a total annual volatility of 0.3103 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1724 to the December average rate of 2.3678, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4091 was up 1.04% compared to the 2017 peak of 2.3842, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 12,045 NOK
2017 Average 11,247 NOK
Yearly Trough Low 10,494 NOK
Transaction Impact: A difference of 1,551.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3913
2.1099
JanuMarcMayJulySeptNove

QAR to NOK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.1778, compared to 2.2931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1153 points.

H1 Avg (Jan–Jun) 2.1778
H2 Avg (Jul–Dec) 2.2931

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1471 NOK (High: 2.2572 / Low: 2.1100). On the other end, June was the most stable month, with a tight range of 0.0498 NOK (High: 2.2502 / Low: 2.2004).

January Spread (Volatile) ±0.1471
June Spread (Stable) ±0.0498

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0245 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.3678) against the same month in 2017 (average: 2.2657), the exchange rate shifted by +0.1021 (+4.51%).

2018 Avg (December) 2.3678
2017 Avg (December) 2.2657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2572 2.1100 2.1724
February 2.1931 2.0987 2.1520
March 2.1590 2.1078 2.1333
April 2.2005 2.1309 2.1548
May 2.2775 2.1954 2.2240
June 2.2502 2.2004 2.2299
July 2.2592 2.2025 2.2334
August 2.3293 2.2448 2.2921
September 2.3214 2.2262 2.2676
October 2.3163 2.2368 2.2690
November 2.3611 2.2915 2.3286
December 2.4091 2.3262 2.3678